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Payments firm PayPal to reduce global workforce by 9% in 2024
Business

Payments firm PayPal to reduce global workforce by 9% in 2024

By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9%…

January 30, 2024January 30, 2024
Oil prices climb on geopolitical tensions, positive economic data
Business

Oil prices climb on geopolitical tensions, positive economic data

By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Tuesday as a higher global economic growth forecast and escalating…

January 30, 2024January 30, 2024
Stocks meander, yields mixed after strong US labor data
Business

Stocks meander, yields mixed after strong US labor data

By Herbert Lash NEW YORK (Reuters) -Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs…

January 30, 2024January 30, 2024
Boeing to withdraw MAX 7 exemption request as safety scrutiny intensifies
Business

Boeing to withdraw MAX 7 exemption request as safety scrutiny intensifies

By David Shepardson, Valerie Insinna and Tim Hepher WASHINGTON/DUBLIN (Reuters) – Boeing said on Monday it was withdrawing a request…

January 30, 2024January 30, 2024
GM shares jump as CEO Barra promises shareholders more cash
Business

GM shares jump as CEO Barra promises shareholders more cash

By Joseph White DETROIT (Reuters) -General Motors shares jumped Tuesday after the company gave investors an upbeat outlook for 2024…

January 30, 2024January 30, 2024
Fed in a trust-but-verify moment as inflation falls
Business

Fed in a trust-but-verify moment as inflation falls

By Howard Schneider WASHINGTON (Reuters) – In economic projections issued after their December meeting U.S. Federal Reserve officials on balance…

January 30, 2024January 30, 2024
S&P 500 hits fresh closing high ahead of Fed meeting, big tech earnings
Business

S&P 500 hits fresh closing high ahead of Fed meeting, big tech earnings

By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced on Monday as market participants looked ahead to this week’s slew…

January 29, 2024January 29, 2024
US Treasury to borrow $760 billion in Q1, lower than forecast
Business

US Treasury to borrow $760 billion in Q1, lower than forecast

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury on Monday said it expects to borrow $760 billion in…

January 29, 2024January 29, 2024
Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal
Business

Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal

By David Shepardson WASHINGTON (Reuters) -Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge…

January 29, 2024January 29, 2024
Hedge funds cash in on Grayscale bitcoin ETF conversion – sources
Business

Hedge funds cash in on Grayscale bitcoin ETF conversion – sources

By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – A handful of hedge funds made a winning bet on…

January 26, 2024January 26, 2024

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